As geopolitical tensions and global volatility reset market expectations, where should investors put their capital?

In a detailed conversation with @_RituSingh on @CNBCTV18Live, our Head of Institutional Equities, Unmesh Sharma, breaks down the high-conviction insights from our "The Big Review" 2026 report.

Watch the full conversation here: https://youtu.be/v_ew6jfKxig

Navigating the markets in FY 2026-27?

Catch Unmesh Sharma live on ET Now Swadesh from 02:15 PM onwards.

Get the expert edge on FY27 market trends with Unmesh Sharma, live today on CNBC-TV18 from 11:30 AM onwards.

#IndianStockMarket #MarketOutlook #CNBCTV18 #HDFCSecurities #Investing

Nifty Rallies for Third Session on Risk-On Sentiment

The Nifty climbed 255 points to close at 22,968, marking its third consecutive session of gains. After opening 67 points higher, the index faced early selling pressure, dropping over 250 points from the morning high in the first two hours. Post 11:15 AM, it staged a sharp reversal, surging more than 450 points from the day's low to settle near the high. Nifty has never risen for more than three trading session since the U.S-Iran War started in late February. This streak will come to an end if Nifty extends the pullback for one more session. Trading activity was somewhat subdued, with NSE cash market volumes dipping 1% compared to the previous session.

In the Nifty pack, Trent, SBI Life, and Titan led gains, while Reliance, ONGC, and Max Health saw the heaviest selling. Except for Oil & Gas and Media, all sectoral indices ended positive, led by Consumer Durables, PSU Banks, and Realty.

Mid- and small-caps outperformed, with Nifty Midcap 100 up 1.52% and Smallcap 100 rising 1.29%. Market breadth stayed robust, reflected in a BSE advance-decline ratio of 2.78.

The rupee appreciated 4 paise, supported by retreating crude prices and risk-on sentiment fueled by hopes of Middle East de-escalation.

Technically, after indecisive weekly candlestick pattern, Nifty has attracted follow-up buying. Daily RSI shows double positive divergence, signaling a higher chance of a sustainable uptrend. The short-term trend has turned bullish, targeting resistance at 23,465, with nearer hurdles at 22,800 and 22,540.

HSL PRIME RESEARCH

MTF SHORT-TERM PICK:

BUY RAMCOSYS AT 382-380.05 (CMP 380.05)
AVG AT 369
SL 362
TGT 405
TIME FRAME: Upto 10 Days

Full Report: https://shorturl.at/j8a3B

For detailed disclaimers & disclosures please refer to https://www.hdfcsec.com/research-analyst-disclosure-and-disclaimer

MTF SHORT-TERM PICK:

BUY SONACOMS AT 509-512 (CMP 509)
AVG AT 496
SL 488
TGT 535
TIME FRAME: Upto 15 Days

Full Report: https://shorturl.at/KzaSg

For detailed disclaimers & disclosures please refer to https://www.hdfcsec.com/research-analyst-disclosure-and-disclaimer

MTF SHORT-TERM PICK: BOOK PROFIT IN KALYAN JEWELLERS AT 421.50 (Buy call given on 06/04/26 at 408.70).

For detailed disclaimers & disclosures please refer to https://www.hdfcsec.com/research-analyst-disclosure-and-disclaimer

BSE Stocks in Motion �� 

��Trent (+6.5%) with 20% YoY jump

Nykaa (+3.2%) hits 12‑quarter high growth

MTF SHORT-TERM PICK:

BUY DIGITIDE AT 81-80.40 (CMP 80.40)
AVG AT 78
SL 76.50
TGT 86
TIME FRAME: Upto 10 Days

Full Report: https://shorturl.at/iRrNk

For detailed disclaimers & disclosures please refer to https://www.hdfcsec.com/research-analyst-disclosure-and-disclaimer

Derivative Pick:

BUY OBERIORLTY (EXP.28 APR) 1520 CALL AT 51.45
SL 36.50
TGT 78
TIME FRAME: Upto Expiry

Full Report: https://shorturl.at/KO0bQ

For detailed disclaimers & disclosures please refer to https://www.hdfcsec.com/research-analyst-disclosure-and-disclaimer

MTF SHORT-TERM PICK:

BUY KALYAN JEWELLERS AT 410.50-408.70 (CMP 408.70)
AVG AT 398
SL 390
TGT 434
TIME FRAME: Upto 15 Days

Full Report: https://shorturl.at/QpDhv

For detailed disclaimers & disclosures please refer to https://www.hdfcsec.com/research-analyst-disclosure-and-disclaimer

Donald Trump has expressed hope in a recent social media message that a deal with Iran will happen soon, suggesting potential de-escalation in the conflict.

If there were to be any truce, that would trigger a bounce back in the markets from the recent corrections.

Read more: https://www.linkedin.com/feed/update/urn:li:activity:7446760444825862144

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Persistent Systems is driving sustainable growth with strategic AI investments and a robust order book.

We recommend a BUY with a base case target of 5600 over the next 4 quarters.

Full report: https://shorturl.at/4zEyx